Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- CCIH -17.8% (Also a Blockchain name), NKE -2.6%, CAMP -1.6%.
Select Blockchain/Crypto names showing weakness:
- DPW -17.3%, LFIN -17.2%, SSC -16.9%, GROW -13.4%, FTFT -12.3%, RIOT -10.3%, MARA -9.1%, TEUM -6.5%, SRAX -6,3%, OSTK -5.1%.
Other news:
- AGRX -72.3% (Receives complete response letter from the FDA for Twirla NDA for the prevention of pregnancy),
- OTIV -11.3% (Still checking),
- WWE -4.2% (CEO sold 3,340,000 shares in a block trade on Dec 21),
- XNET -4.8% (Still checking),
- CELG -4.6% (Celgene and LYSARC provide update on Phase III ‘RELEVANCE' study of REVLIMID; did not achieve superiority in the co-primary endpoints)
Analyst comments:
- AG -1.6% (Downgraded at BMO Capital).